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EUR/USD Daily Outlook
Mon, Mar 31 2008, 16:00 GMT
by AceTrader Team
AceTrader 1-wk TRIAL
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INTRA-DAY EUR/USD OUTLOOK: 1.5844
Updating time :31 Mar 2008 14:59 GMT
Lack of follow through buying abv 1.5859 n pre-
sent strg retreat fm 1.5897 suggest further choppy
consolidation wud be seen n another pullback twds
1.5800 cannot be ruled out, however, reckon 1.5760
wud remain intact today.
In view of this, exit long n stand aside. Abv
1.5897 wud bring re-test of 1.5905, then 1.5835...
Range Forecast
1.5830 / 1.5860
Resistance/Support
R: 1.5905/1.5947/1.6000
S: 1.5835/1.5800/1.5760
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Published on Mon, Mar 31 2008, 16:01 GMT
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Published On Fri, Jul 3 2009, 06:03 GMT - EUR/USD Daily Outlook
Published On Thu, Jul 2 2009, 03:57 GMT - EUR/USD Daily Outlook
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Published On Fri, Jun 26 2009, 06:05 GMT
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Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.
Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. FXstreet.com has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur.
Any opinions, news, research, analyses, prices or other information contained on this website, by FXstreet.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FXstreet.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
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